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PrimeBusiness.africa is Nigeria's most trusted independent online newspaper covering Africa's socio-economic issues, trade and investment; it provides informed perspectives on economic and political events in Nigeria and Africa.

Happy new month!
01/11/2025

Happy new month!

Popular Nollywood actress Regina Daniels has accused her husband, billionaire businessman and senator, Ned Nwoko, of dom...
19/10/2025

Popular Nollywood actress Regina Daniels has accused her husband, billionaire businessman and senator, Ned Nwoko, of domestic violence, sparking widespread reactions and renewed debates on abuse within high-profile marriages in Nigeria.

Regina Daniels Accuses Husband of Domestic Violence

Operatives of the  Uyo Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), have commenced investig...
18/10/2025

Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), have commenced investigations of 32 suspects arrested on Tuesday, October 14, 2025 for suspected ponzi-style investment and employment scam at multiple locations in Uyo, Akwa Ibom State.

The suspects are: Miracle Samuel, Christopher Samuel, Yohana Sabo, Ahmed Abdulahi Yarima, Reuben Ezekiel, Terfa Godwin, Zakurs Yakubu, Isah Jaafar Jagaba, Clement Nwakonobi, Rosemary Vifilo Yusuf Ataza, Francis Samuel, Tatah Fidelis, Emenike Ikechukwu, David Allawo, Danjuma Ibrahim, Blessing Seagod,...

Renowned Nigerian lawyer and international arbitration expert Tolu Obamuroh has been promoted to Partner at the global l...
18/10/2025

Renowned Nigerian lawyer and international arbitration expert Tolu Obamuroh has been promoted to Partner at the global law firm White & Case LLP, drawing high praise from President Bola Ahmed Tinubu, who described the achievement as a reflection of “Nigerian competence, resilience, and global excellence.”

Nigerian Lawyer Obamuroh Named Partner at White & Case, Earns

Following the outrage over the recent presidential pardon granted some victims by President Bola Tinubu, Germany,Austral...
18/10/2025

Following the outrage over the recent presidential pardon granted some victims by President Bola Tinubu, Germany,Australia, and Avocats Sans Frontières (ASF) France (Lawyers without Borders), have called for urgent action against death sentence in Nigeria.

Following the outrage over the recent presidential pardon granted some victims by President Bola Tinubu, Germany, Australia, and Avocats Sans Frontières

Dozens of journalists covering the U.S. Department of Defense have vacated their workspaces at the Pentagon after refusi...
17/10/2025

Dozens of journalists covering the U.S. Department of Defense have vacated their workspaces at the Pentagon after refusing to sign new reporting rules introduced by Defense Secretary Pete Hegseth,which media organizations describe as a direct threat to press freedom and transparency.

Pentagon Journalists Turn In Badges, Exit Building Over New

Telecommuication giant, Globacom Limited has reaffirmed its commitment to promoting Nigeria’s cultural heritage by renew...
16/10/2025

Telecommuication giant, Globacom Limited has reaffirmed its commitment to promoting Nigeria’s cultural heritage by renewing its sponsorship of the 2025 Ofala Festival the annual royal celebration hosted by His Majesty, Igwe Nnaemeka Alfred Achebe, the Obi of Onitsha.

Globacom Renews Sponsorship of 2025 Ofala Festival, Reaffirms

Michael Gelpke, a Swiss entrepreneur, has consistently demonstrated an ability to navigate complex markets and identify ...
16/10/2025

Michael Gelpke, a Swiss entrepreneur, has consistently demonstrated an ability to navigate complex markets and identify opportunities where others see obstacles.Recognized by Forbes as one of Switzerland’s most successful entrepreneurs, he continues to build a legacy at the crossroads of finance, innovation, and social impact.

His global experience, spanning Europe, Asia, and the Middle East, has helped him build not only financial acumen but also an elite network of truly global influential CEOs, ranging from royalty and politicians to business leaders around the globe who have learned to trust his exceptional entreprene...

Nigeria’s headline inflation rate dropped to 18.02 percent in September 2025, down from 20.12 percent recorded in August...
16/10/2025

Nigeria’s headline inflation rate dropped to 18.02 percent in September 2025, down from 20.12 percent recorded in August, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Wednesday.

Nigeria’s Headline Inflation Eases to 18.02% in September 2025

In the wake of the juice President-elect Asiwaju Bola Ahmed Tinubu now stews in, we dare ask: “How many quotes do you kn...
16/10/2025

In the wake of the juice President-elect Asiwaju Bola Ahmed Tinubu now stews in, we dare ask: “How many quotes do you know about BAT as he is fondly called?

In the wake of the juice President-elect Tinubu now stews in, we dare ask: “How many quotes do you know about BAT as he is fondly called?

For investment managers seeking the certainty of common-law principles combined with a progressive regulatory framework,...
15/10/2025

For investment managers seeking the certainty of common-law principles combined with a progressive regulatory framework, Abu Dhabi Global Market (ADGM) has emerged as a preferred jurisdiction, Mindaugas Suklevicius, founder and fund manager at HF Quarters told Prime Business Africa on Wednesday

According to Suklevicius, ADGM's comprehensive FUNDSRulebook sets out clear, unified requirements for fund managers operating within the market or marketing foreign funds from ADGM.

Gold climbed to a new record above USD 4,210 per ounce on Wednesday, extending its historic rally as investors sought re...
15/10/2025

Gold climbed to a new record above USD 4,210 per ounce on Wednesday, extending its historic rally as investors sought refuge in safe-haven assets amid renewed US–China trade frictions, persistent global uncertainty, and expectations of further Federal Reserve easing.

President Donald Trump escalated rhetoric against Beijing, accusing China of "economically hostile" behaviour and warning of potential retaliatory measures, deepening the trade standoff between the world's two largest economies.

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